News Futureal raises €150 million in green bonds
23
Mar
2021

Futureal raises €150 million in green bonds

by Property Forum
Hungarian developer Futureal has completed its first-ever green bond issue as part of the National Bank of Hungary's (MNB) Bond Funding for Growth Scheme (BGS). The company received bids worth HUF 59.92 billion for the bonds, which have a nominal value of HUF 50 billion. Futureal subsequently sold HUF 55 billion (approximately €150 million) of the bonds, for one of the largest issues under the BGS scheme. Futureal Group is currently developing projects with a gross space of more than 1 million sqm in Hungary. 
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News Polish developer Cavatina Holding prepares for IPO
22
Mar
2021

Polish developer Cavatina Holding prepares for IPO

by Property Forum
Cavatina Holding SA, the largest Polish office developer, has submitted an issue prospectus to the Polish Financial Supervision Authority in connection with the planned public offering of shares (IPO) and entry to the main market of the Warsaw Stock Exchange.
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News Panattoni to develop production and warehouse plant near Warsaw
22
Mar
2021

Panattoni to develop production and warehouse plant near Warsaw

by Property Forum
Panattoni is to develop its latest production and warehouse plant in the Warsaw area. The company is to deliver 31,000 sqm to Reynaers Aluminium, one of the leading European suppliers of sustainable and innovative aluminium solutions for the production of windows, doors and partition walls. The building is being constructed in Urzut – 30 km from Warsaw – on a plot chosen by the client. The centre will have a clear height of 10 m in the warehouse section and 14m in the production section.
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News Multifamily now considered a core asset class in Europe
22
Mar
2021

Multifamily now considered a core asset class in Europe

by Property Forum
Multifamily investment has proven to be the most resilient real estate sector in Europe during 2020 and the new core, with a 6% increase year on year and a 17% increase on the past 5-year average, according to Savills.
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News Fidurock expands residential portfolio in Prague
22
Mar
2021

Fidurock expands residential portfolio in Prague

by Property Forum
In March 2021, Czech-Dutch investment company Fidurock has added a new asset to its residential portfolio in Prague.
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News Yareal sells Warsaw office complex to Amundi Real Estate
22
Mar
2021

Yareal sells Warsaw office complex to Amundi Real Estate

by Property Forum
Yareal has sold two office buildings forming the Neopark campus complex in Warsaw's Mokotów district to a French fund managed by Amundi Real Estate.
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News Capital Park’s Warsaw project now fully leased
22
Mar
2021

Capital Park’s Warsaw project now fully leased

by Property Forum
Royal Wilanów, a mixed-use building in Warsaw owned and managed by the Capital Park Group, has two new tenants. The companies LUX MED and Hilti will soon move into the building. Thanks to these transactions, the entire building is now 100 percent leased.
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News Adventum in talks to buy Bucharest office building
22
Mar
2021

Adventum in talks to buy Bucharest office building

by Property Forum
Adventum is analyzing the acquisition of the Hermes Business Campus office project in Bucharest, owned by Atenor, in a transaction of over €150 million, according to Ziarul Financiar.
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News Iulius builds new retail park near Iași
22
Mar
2021

Iulius builds new retail park near Iași

by Property Forum
Iulius started the construction works for its first retail park near Iași. Another one is to kick-off soon, and the total investment in the first two projects is €16 million.
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News Dagesh Group invests €6.5 million in Bucharest resi project
22
Mar
2021

Dagesh Group invests €6.5 million in Bucharest resi project

by Property Forum
Dagesh Group, which owns the Platinum Center office building and developed other boutique residential projects, is investing  €6.5 million in a new residential project in Bucharest.
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Latest news


New leases

  • EPP's Outlet Park Szczecin, the only outlet centre in Western Pomerania, is strengthening its fashion offerings by signing agreements with three brands previously unavailable in the region. JACK & JONES and Evenemen, with their men's fashion collections, and the premium optician OUTLY, have already opened their stores. eobuwie will also join the tenant roster this fall. VENEZIA, TATUUM, WITTCHEN, and Pako Lorente are also continuing their partnerships with the centre, significantly expanding their stores, while Lee Wrangler and German Optiker are moving to new locations. The new agreements and extensions cover a total area of nearly 1,800 square meters.
  • mFinanse S.A. has extended its current lease at the LIFE_Building in Warsaw and expanded its office space. As of July this year, the mBank Group company will occupy a total of 350 sqm in the building owned by VIG Fund. During the transaction, VIG Fund was represented by JLL, the exclusive leasing agent for LIFE_Building, while Deloitte Legal provided legal advisory services.
  • Stay Fit Gym, the largest fitness chain in Romania and Eastern Europe, is launching a new premium concept for those seeking high-end facilities. The brand is debuting its first "Black" type centre in the Palas Iași mixed-use complex, owned by Iulius.

New appointments

  • Avison Young's Valuation and Advisory team in Poland has welcomed a new member, Michał Marynowski, who takes the role of Assistant Valuer. Among other experiences, he worked at the Court of Appeal in Warsaw, where he was responsible for verifying execution documentation for selected investments, updating data in the premises database for court buildings, and analysing tender bids. Proficient in GIS, AutoCAD, and Revit, he also has strong skills in interpreting planning documents.
  • Golden Star Group, an international investment firm operating in the real estate sector, has announced the promotion of two key specialists within its Polish team. Paweł Moczybroda has been appointed Group Chief Financial Officer, while Ewa Dragunajtys has been promoted to Head of Asset Management.
  • Tomasz Chojnacki, a commercial property expert with nearly 20 years’ experience, has joined international real estate advisory firm Newmark Polska as Regional Director for Southern Poland in its Office Department, with effect from 1 August. His key responsibilities include representing office tenants during relocations and lease renegotiations.

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